Regulatory & Compliance

At a venue just downhill from the Capitol, CUNA and the National Journal sponsored a "Power Breakfast" with political pundits offering their thoughts on the "what ifs."

Most all of the FinCEN BSA guidance has dealt with single institutions, leaving shared branches to cobble their policies to comply with the spirit and intent of the law and regulations, attorneys are saying.

Most all of the FinCEN BSA guidance has dealt with single institutions, leaving shared branches to cobble their policies to comply with the spirit and intent of the law and regulations, attorneys are saying.

The Washington Credit Union League and the five credit unions that had requested the state Division of Credit Unions consider permitting private primary deposit insurance have now asked for a stay.

Despite assurances from NCUA that they are not interested in becoming bylaw police, the credit union trade associations were not pleased with the NCUA Board's 2-1 decision to reincorporate the bylaws into regulation.

Regulatory and Compliance 10/31/07 Issue